Birdwatch Note Rating
2023-09-05 20:01:26 UTC - HELPFUL
Rated by Participant: F6E9349E04B33F08DB783F8CECBE6D708426CFAF5DD58F34FAD1DC1506EFED32
Participant Details
Original Note:
Irish GDP growth rates are exaggerated by profits from multinational corporations that base themselves in Ireland for tax purposes, making GDP per capita a bad measure of living standards in Ireland. Actual Individual Consumption in Ireland is still lower than in the UK. https://www.centralbank.ie/docs/default-source/publications/economic-letters/vol-2021-no-1-is-ireland-really-the-most-prosperous-country-in-europe.pdf
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